XML 90 R44.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Quarterly Information (Unaudited) (Tables) | 12 Months Ended
--- | ---
May 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Result of Operations | The following is a summary of the quarterly results of operations for the years ended May 31, 2018 and 2017:
|  | For Quarter Ended |
(In thousands, except per share amounts) |  | August 31 |  |  | November 30 |  |  | February 28 |  |  | May 31 (a) |
2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales |  | $ | 1,345,394 |  |  | $ | 1,315,416 |  |  | $ | 1,102,677 |  |  | $ | 1,558,156 |
Gross Profit |  | $ | 572,008 |  |  | $ | 551,015 |  |  | $ | 439,493 |  |  | $ | 618,696 |
Net Income Attributable to |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
RPM International Inc. Stockholders |  | $ | 116,416 |  |  | $ | 95,463 |  |  | $ | 40,227 |  |  | $ | 85,664 |
Basic Earnings Per Share |  | $ | 0.87 |  |  | $ | 0.72 |  |  | $ | 0.30 |  |  | $ | 0.65 |
Diluted Earnings Per Share |  | $ | 0.86 |  |  | $ | 0.70 |  |  | $ | 0.30 |  |  | $ | 0.63 |
Dividends Per Share |  | $ | 0.300 |  |  | $ | 0.320 |  |  | $ | 0.320 |  |  | $ | 0.320 |
(In thousands, except per share amounts) |  | August 31 |  |  | November 30 (b) |  |  | February 28 |  |  | May 31 |
2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales |  | $ | 1,252,063 |  |  | $ | 1,190,770 |  |  | $ | 1,022,496 |  |  | $ | 1,492,846 |
Gross Profit |  | $ | 552,042 |  |  | $ | 521,681 |  |  | $ | 428,573 |  |  | $ | 663,392 |
Net Income Attributable to |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
RPM International Inc. Stockholders |  | $ | 112,769 |  |  | $ | (70,926 | ) |  | $ | 11,928 |  |  | $ | 128,052 |
Basic Earnings Per Share |  | $ | 0.85 |  |  | $ | (0.54 | ) |  | $ | 0.09 |  |  | $ | 0.96 |
Diluted Earnings Per Share |  | $ | 0.83 |  |  | $ | (0.54 | ) |  | $ | 0.09 |  |  | $ | 0.94 |
Dividends Per Share |  | $ | 0.275 |  |  | $ | 0.300 |  |  | $ | 0.300 |  |  | $ | 0.300 |
(a) | Reflects inventory-related charges of $36.5 million in our consumer reportable segment for product line rationalization and related obsolete inventory identification and $1.2 million in inventory reductions related to restructuring activities in our industrial reportable segment. Additional restructuring charges totaling $17.5 million were incurred during the fourth quarter of fiscal 2018, as further described in Note B, “Restructuring.” We also incurred charges in our industrial segment totaling $4.2 million in connection with the decision to exit Flowcrete China.
(b) | Reflects the pretax goodwill and intangible asset impairment losses of $188.3 million related to our Kirker reporting unit. Refer to Note C, “Goodwill and Other Intangible Assets,” for further information. Also reflects $12.3 million pretax charge relating to the Flowcrete decision to exit the Middle East and $15.0 million in severance expense across all three reportable segments.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109225645&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration